"Doesn't make much sense to sink a lot of money into a team and then have a bunch of 20-somethings who struggle with the reality of startup life."
And the cynic in me says the trick is not to sink a lot of money in eg YC only funds a team for a few months. VC's etc can wait to see who survives in the 'sink or swim' game and the follow-on accordingly.
And the cynic in me says the trick is not to sink a lot of money in eg YC only funds a team for a few months. VC's etc can wait to see who survives in the 'sink or swim' game and the follow-on accordingly.